RCA Money Laundering Screening Tools
(Relatives & Close Associates)
PEPs rarely engage in corrupt activities or money laundering in their own name. Instead they utilise Relatives and Close Associates (RCAs).
Sometimes referred to as ‘PEPs by association’, RCAs can pose very significant risks to organisations which is why it is essential to screen customers against lists of RCAs with as many secondary identifiers as possible.
- Step children
- Legal advisors
- Business associates